Preserve at Oak Grove

Key facts from Preserve at Oak Grove's documents

Reflects the 2004 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Homeowners Association (Oak Grove Owners’ Association, Inc.) (Art. I Sec. 1)

Legal name

Oak Grove Owners’ Association, Inc. (Art. I Sec. 1)

Units / lots

77 (Lots 1 through 77 in Phases 1-A and 1-B) (Exhibit A; Amendment recitals)

Governing law

Tennessee Business Corporation Act (for charter); Tenn. Code § 66-27-701 et seq. (for leasing restrictions in amendment) (Amendment recitals; Amendment paragraph )

Assessments & dues

$100 per lot for calendar year 2005 (initial deposit at closing). Amount thereafter set by Board. (Art. IV Sec. 2 (end); Bylaws Art. 7)

Special assessments

Allowed by Board resolution. Capital improvements over $5,000 require membership vote. (Bylaws Art. 7.3 and 7.7)

Collections & liens

Unpaid assessments create a continuing lien; notice may be recorded; lien subordinate only to prior first mortgages and tax liens; foreclosure similar to mortgage or deed of trust. (Art. II Sec. 3-4; Bylaws Art. 8.4)

Reserves & fees

Board includes reasonable reserve for contingencies and replacements in annual estimate. (Bylaws Art. 7.2)

Pets

Yes, cats and other household pets (dogs, cats, rabbits, birds, fish) allowed; no reptiles, wildlife, farm animals. (Amendment Art. IV Sec. 9)

Parking & vehicles

Strictly prohibited to store or park junk or inoperable automobiles on any lot. (Amendment Art. IV Sec. 8)

Fences

6-foot cedar, dog-eared, brick fences allowed; chain-link and metal fences prohibited unless surrounded by approved wood/brick; wrought iron requires Board approval. No fence on corner lot nearer street than setback; on other lots not neare (Art. IV Sec. 6)

Setbacks / home size

Lots 62-77: 2500 sq ft one-story, 1250 sq ft ground floor for 1.5/2 story (total ≥2500). Lots 1-61: 2000 sq ft one-story, 1000 sq ft ground floor (total ≥2000). Garages and open porches excluded. (Art. IV Sec. 2)

Use restrictions

Lots are residential and not to be resubdivided into smaller lots. No recurring business activity allowed (telecommuting and occasional visits excepted). (Art. IV Sec. 1; Amendment Art. IV Sec. 1)

Voting & meetings

One vote per lot; Declarant votes for unsold lots; proxies allowed in writing (Bylaws Art. 2.3)

Amendments

Declarant may amend unilaterally for 5 years or until association organizes; thereafter by 2/3 vote of owners. Amendment must be recorded. (Art. V; Bylaws Art. 12.1-12.2)

Extracted from the recorded governing documents and cited to them; may be incomplete and is not legal advice — verify against the official documents below.